With FMCG stocks fillip, equity markets close at new highs


Mumbai, May 29 (IANS): After a day of volatile trading, the Indian equity markets on Monday scaled fresh highs on the back of healthy buying in FMCG sector's stocks led by Hindustan Unilever, Dabur and ITC.

Both the key indices, however, closed on a flat note as investors booked profits and healthcare stocks extended their losses.

The wider 51-scrip NSE Nifty closed above the 9,600 points-level. It rose by 9.80 points or 0.10 per cent to provisionally close at a new high of 9,604.90 points, after touching a fresh intra-day high of 9,637.75 points.

The 30-scrip Sensitive Index (Sensex) of the BSE provisionally closed at a high of 31,109.28 points (at 3.30 p.m.) -- up 81.07 points or 0.26 per cent, after scaling a new intra-day high of 31,214.39 points.

On Friday, the Sensex crossed the 31,000-mark for the first time in its history, while the Nifty, too, surged and for the first time touched the 9,600-mark.

 

 
  

Top Stories


Leave a Comment

Title: With FMCG stocks fillip, equity markets close at new highs



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.